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that it will affect 90% of people in metropolitan areas? >> if you're not paying a next year, thank the new york delegation. they are the ones leaving it. gerri: big news, g by 40% stake in the compa. >> castillo is about $50 billion. the prices of stock have to get up to $69 it's down around 24 right now. i'm not going to hold my breath on that one. but i think that gm understood that it had to do something. because its own internal polling and focus groups suggest there was a stigma -- as public attached a stigma that they had taken this public money, which is very inresting to me. it may have helped rocco, when michigan and ohio, but it didn't help gm. >> gm is giving the stock at a bargain. the ipo is $10 more per share. the one that's just terrible. >> i think that the government should get out of this quickly as possible. obviously you want to do it in an orderly fashion. the were never going to happen again. who president of the government actually taking over, taking a controlling share, calling shots, who is going to be the ceo and stuff like that. the sooner we get past that, the bette
." i'm maria bartiromo at the new york stock exchange. the house of representatives voting right now. they have a number of measures to vote on before speaker boehner's plan "b," but we'll continue to monitor capitol hill for any developments. meanwhi meanwhile, i'm here with scott wapner. the market modestly higher despite uncertainty over a fiscal cliff deal. new information coming up in moments. >> good to see you again. scott wapner in today for bill griffiths. less than one hour to go in this trading day. the dow is positive now, just off the highs of the day. good for 39 points. nasdaq's higher, s&p is higher as well at this point. all eyes certainly on the nation's capital though today, maria, and here at the stock exchange. >> absolutely. first, here is what we know. global exchange officials right now are discussing how to respond to an $8.25 billion deal announced today between the new york storage and intercontinental exchange. there's been informal discussions with the stock exchange about a deal as recently as last week but the nyse, afraid to have another deal blocked b
forward hearing from both men later in the program. as for the deal itself, if you're a new york stock exchange shareholder, mr. spreker built this account the past decade. 36% of the combined company will be controlled by current new york stock exchange shareholders. you get a premium. also an opportunity to participate in the continued growth of what will be a trading ba he months. they trade stocks. energy, interest rates, commodities, agriculture, that's what it's bat. global platform for the trading in so many different asset classes, particularly as it relates to derivatives, putting these two companies together this way. cost synergy is very important. $450 million what they are looking for. say that will take place after the second full year, realizing all of them but almost 80% within two years of closing. that's related to technology savings. clearing duplicate expenses, one public company instead of two save money. there are going to be some job losses one would anticipate here as well. women see how ice shares do today, of course, a growth company, so in growth shareholder
, that was interesting. new york values went up as well. lori: markets are scattered. that is a debate over what the fines wealth in america, cost of living, property values, you can't have one single threshold the works across the board because -- lori: bringing it back to taxes. melissa: i love it. lori: and $8 billion deal, what does it mean for the future of trading? charlie gasparino will be along with exclusive details. melissa: look at how the dollar is fairing, the market up slightly and with that, currencies are weaker across the board. we will be right back. melissa: we want to take you to capitol hill, john boehner. >> the president called on the house again and again to pass a bill to protect 98% of the american people from a tax hike. today we will do better than that. our bill will protect 99.81% of the american people from an increase in taxes. it is permanent tax relief for individuals. a permanent hatch on the alternative minimum tax, the marriage penalty, death tax relief and permanent extension of higher child tax credit and capital gains and dividends rates we see today. all
. >>> first, let's get to the news here in new york city. five days out from christmas, 12 days away from the fiscal cliff deadline that could potentially cripple the economy. house republicans are expected to vote on plan "b." that's speaker john boehner's safety net proposal that would maintain bush era tax rates for everyone making a million dollars or less. >> about providing and working with us on a balanced approach. tomorrow the house will pass legislation to make permanent tax relief for nearly every american. 99.81% of the american people. then the president will have a decision to make. he can call on senate democrats to pass that bill or he can be responsible for the largest tax increase in american history. >> well, president obama has threatened to veto boehner's measure and he said republicans need to drop any personal grudges they might have to do what's best for the country. >> they keep on finding ways to say no as opposed to finding ways to say yes. and i don't know how much of that just has to do with, you know, it is very hard for them to say yes to me. but, you know,
the jeffries trading floor today in new york. peter, you have a lot of different scenarios, but the most likely scenario that you think is that the blackberry fails, there is no acquisition on this and the cash firm continues? >> yeah. we think it costs about $1 billion to launch these devices. if successful, we think an access possibility goes up. if not, we see the company become much, much smaller a year from now. >> how do you measure success? and when we we know on this? >> we'll probably know around around/may next year. success would be call it 3 to 5 million units in the first quarter out of the gate and 5 million units plus after that. to us, that would be a very good launch. >> for anybody who is actually a blackberry user still, what do you say about these things? if there's a takeover, does that mean blackberry continues? what's the long-term outlook for the company? >> i would suspect that if you're a blackberry user, there's very little chance that your service is going to be cut off. that is a key cash flow driver for the company and anybody who would want to buy isn't concerned
evening, americans, and welcome to "the ed show" from new york. wants new gun laws, right now. this is the ed show. let's get to work. >> we're going to change things. it's going to take a wave of americans, mothers and fathers, daughters and sons, pastors, law enforcement, mental health professionals, and yes, gunowners standing up and saying enough. >> the president lays out the way forward for sensible gun policy. so why are no republicans getting on board? i'll ask congressman jerrold nadler. >> at some point they have to take me out of it and think about what is best for the country. >> the president served up painful cuts, and republicans are literally running away from the table. >> hey, mr. speaker. >> congressman steve israel reacts to the gop's bizarre behavior. plus, today's big gm news means the death of a righty talking point. >> government motors. >> government motors. >> government motors, david cay johnston on a huge success story for government intervention. and the invisible man sitting next to clint eastwood wins time's person of the year. >> what do you mea
in the air. atlanta will have delays. as the system moves east on the weekend, even new york and boston will have delays from this storm. and then we'll talk about the west when we get back with the rest of the weather. it is a messy next couple of days. >> real sloppy. sam, thanks very much. >>> we'll get the latest on that fiscal cliff. down to 12 days before everyone's taxes go up and every government program is cut. and that is a little more likely this morning, with private talks frozen and both sides blaming each other for the breakdown. abc's jonathan karl has all this from washington. all of the focus on speaker john boehner's fallback plan, what he is calling plan "b." >> reporter: that's right, george. talks have got son low, i would say this is the low point, that boehner is moving ahead with the backup plan that the president so opposes, he says he will veto. under plan "b" most of the tax cuts will be extended for those making over $1 million. for those over $1 million, the tax rates would go up. this could do nothing to address the issues. like spending cuts and the debt c
is joining me from new york. thanks for coming inside "the war room," mark. >> thank you for having me. >> jennifer: i know you have on the air a lot because of the tragedy last week. i'm curious about the policy arm of your organization and what can be done on the state level. many states have or are introducing laws to allow more concealed weapons in public schools, for example. what is your organization doing at this point for that. >> going to the states is one of the many paths to victory to this issue. one of the paths was actually shown in michigan -- your own home state. so you have a very republican governor there and the nra was on the path to pass two really bad bills, one would eliminate background checks for concealed weapons, and the second would allow concealed carrying in places like day cares and schoolyards. and in a matter of weeks the nra had both of those initiatives completely reversed. we beat them on the first one, after the connecticut shootings the governor vetoed the bill and he should have. so the nra is on its heels at this point. >>
sanchez. tebow obviously not very happy. the "new york daily news" is reporting he is going to ask to be traded. not exactly a ringing endorsement or anything from rex ryan. i mean wow. >> nothing. can we just acknowledge the craziness here? we're talking about a football team that is 6-8 and is not going to go to the playoffs this year for the second consecutive year but the jets are the story and it's because of tim tebow who is this intensely polarizing player who electrified the country as a member of the denver broncos. >> do you think he's asking to be traded? >> i think that's definitely a possibility. i think mark sanchez, who is the other jets quarterback being passed over here, he could also be gone. there's a lot of turmoil. >> why are they not using tebow? there was this gigantic fan fare when he came in and i don't think in terms of playing he was a star, but certainly in terms of what he could bring for the team he was. why is this not the opportunity? they're losing anyway. >> of course. you'd think a team like the jets, which has always been into doing crazy things
, it's a rain maker for new york, philadelphia and washington, but then that moves out by tomorrow afternoon. >> just so i make it home to see mom. >> you'll get there. >> i hope so. thanks, alexandra. >>> two state department officials employees of hillary clinton are testifying right now before the house and senate committees after that blistering report on exactly what went wrong in benghazi, the committee headed by thomas pickering and admiral mike mullen. admiral mullen had this to say. >> while we did not find that any individual u.s. government employee engaged in willful misconduct or knowingly ignored his or her responsibilities, we did conclude that certain state department bureau level senior officials in critical positions of authority and responsibility in washington demonstrated a lack of leadership and management ability appropriate for senior ranks in their responses to security concerns posed by the special mission. >> a total of four senior state department officials have either resigned or placed on administrative leave in the wake of this report but what about s
to say the scariest thing to me with respect to newtown was when i g-chatted my fellow editor in new york to plot out coverage, and we knew exactly what to do because we had done it three times before. it had gotten so routine and so disturbing to us and i'm worried i'll be writing the same story. >> we can't desensitize ourselves to this, though. >> listen, we're not going to. i've heard about '68 as far as what califano said and how quickly we have to move. this is different. the horrors of martin luther king, the horrors of bobby kennedy, the horrors of all the gun violence through the years, a million americans killed. mark halperin, as horrific as all of those murders have been, nothing has jarred americans like what happened last friday. it just hasn't. americans aren't going to forget this. >> they're not. >> they're not going to forget this, and they're expecting action. you worry, again, if republicans and democrats can't come to an agreement on rounding decisions for ten years, how are they going to address the bigger issues? >> well, we don't really know how the fiscal cliff's
, everybody. welcome back to the "closing bell." i'm maria bartiromo on the floor of the new york stock exchange. stocks higher today on wall street as the close settles out. we see some money coming into this market. investors still hoping for a deal in washington to avoid the fiscal cliff. take a look at how we're settling on wall street. as we saw money moving into equities in the last 20 minutes pushing the dow jones industrial average up to 60 points higher at the close at 13,312 on the dow jones industrial average. nasdaq also finishing in the plus column with a gain of six points, and the s&p 500 up about eight points, one-half of 1% at 1433. closing in on the fiscal cliff deadline still with no deal in sight, let's find out how you should be investing in the face of the fiscal cliff fiasco. we want to dig deeper into the nyc/i.c.e. deal as well announced today, that it means for you and the global exchanges. gentlemen, welcome. thanks soechg for joining us. >> thanks. >> thanks for having me. >> let me kick this off with you in terms of the fiscal cliff. give me your strategy, d
headed to new york and switched their flights and scurrying to the gates to make an earlier flight. united is waiving all the transfer fees if you want to make a change. you are running out of time because this will turn to snow very soon. >> ted, we will check back in with you to see if anything changes. let me bounce back over to you in that weather center. you were talking travel. where do we leave off? >> it is rain now going to change to snow and blowing snow and the airports impacted there and the roads as well. they saw already just about ten inches of snow. it's i reporter said it was very treacherous there. they haven't seen significant snowfall since 2009. that doesn't mean no snow, a significant snow. let's go to lambeau field in green bay. that was lightning associated with that snow. >> is that the thunder snow? >> that was the thunder snow. >> what is that? >> the atmosphere is volatile and you get a lot of lift. lambeau field just went down. they are looking at between 10 and 15 inches of snowfall to green bay. i am going to send it back to you. meteorologists get ex
gone overtime cliff. and now to new york city where retailers are not resting. >>guest: well, five days until christmas but who is keeping count? 17 million of us are going to wait until christmas eve to go holiday shopping. can you imagine that? that is according to consumer reports. they also say 132 million of us who have started our holiday shopping have not finished so the retailers are pulling out all the stops to get our holiday dollars, not sure it will work but this is what they are doing. target has last minute sale where they will give you a gift card if a certain amount of money if free if you buy certain electronic dumbs -- items and toys 'r us and macy's are staying open straight, like 88 hours straight. in a row. until christmas day. and best buy is letting you place an order online until 3:00 p.m. on christmas eve if you pick it up in the store. this sun heard of. will it work? we don't know. it looks like the fiscal cliff is about to kill christmas. a survey showed a third of the public is so concerned about the fiscal cliff and what our tax rates will be we have cut ba
gun violence and congressman elect hakeen jeffreys of new york. today, he was appointed to the house judiciary committee which is expected to take up the issue of gun control early next year. thank you both for being here tonight. >> thank you, reverend. >> thank you, reverend sharpton. >> father, why haven't we done more to combat gun violence in this country? >> i think the number one issue is the primary victim of gun violence across america, including chicago, is black and brown. and why black and brown continues to be the victim, america stepped back and said that's an inner city problem. so there hasn't been the out rage. this is a human problem. this is an american problem, as you've said, that we ought to be embarrassed by in this country. that we're trying to bring peace around the country, across the world and not doing it at home. and there's not been out rage. elected officials in congress because we've been duped by an nra who has continued to fear us. guns make money. they are making money off the lives of black and brown children. >> congressman elect jeffreys, you've
issue in washington is of course the gun laws. here is an article from "the new york times." here is a picture of chad knox in ohio. just a little bit from this article -- we want to spend this first section of the "washington journal" asking gun owners only to call in and whether or not they think any of the gun laws should be changed. you can see the phone numbers on your screen. you can also contact us by social media as well. please identify yourself as a gun owner. you can make a comment on facebook page. or send an e-mail. a little bit more from this "new york times" article -- that is in "the new york times" this morning. from "the washington post" -- that is an "the washington post." gun owners only we want to hear thinkwhether or not use iyou gun laws should be changed. caller: i do not think gun laws should be changed. in new york, we are in a quandary still with the assault weapons ban. as a citizen in new york, assault weapons did not drop in new york. they still have their own assault weapons ban. you can have assault weapons in new york as long as they are manufactur
stronger than ever. >>> here's a look at the weather in some cities around the country. new york, sunny, 46, chicago, 46 degrees. sunny in dallas, 52. mostly sunny, no surprise, in l.a. 66 degrees. >>> let's check your national forecast. alerts stretch from kansas through michigan as major storm brings blizzards, severe thunderstorms and damaging winds. expect thunderstorms in the gulf coast states and cooler temperatures in florida. in t northeast sees rain tonight with a wintry mix in new england. a storm moving ashore in the pacific northwest and november california is creating heavy mountain snow and coastal flash flooding. hmm. that was almost not the word i said there. >>> "cbs moneywatch" on your thursday. a gm buyback and big bargains for last-minute bargain shoppers. save me, ashley. >> was a slippery slope there. good morning to you. it triggered profit taking. tokyo's nikkei dropped 1%, while hong kong's hang seng added a fraction. >>> hope turning to frustration over congress's ability to avoid a fiscal cliff sent a chill down wall street. the dow dropped nearly 99 points while
99-88 in the fourth quarter it is just underway. and the new york knicks, with carmelo attendee after missing the last couple of teams with a sprained ankle. the first quarter, carmelo at the knee with a sidestep, 70-14, new york knicks and again carl anthony pulls up with a 3- pointer. 31 points, he is averaging 37 points. 100-86 = a new york knicks. the battle of the boroughs. and the stanford women women's basketball team got all it could handle tonight in south carolina. women - #1 stanford at #21 south carolina tara vanderveer and dawn staley hugging before game under 5 minutes left 40-39 stanford alieghsa welch hits the 3- pointer 42-40 south carolina next possession chiney ogumike powers in the layup and is fouled she made the free throw 44-42 stanford under 1 minute 45-45 tie mikaela reuf . with the layup to give stanford the lead for good final: 53-49 stanford >> tim lincecum has a new hair cut. this is really all the we know. meanwhile, thisthis next story is hard to believe a florida 5th grader, standing all of 4-feet-5 inches tall.is starting on the varsity high school tea
good friend from rochester new york, the distinguished ranking minority member of the committee on rules, ms. slaughter. pending which i yield myself such time as i may consume. i ask unanimous consent to revise and extend my remarks. the speaker pro tempore: without objection. mr. dreier: all time will be yielded for debate purposes only. i would like to ask, mr. speaker, unanimous consent that all members may have five legislative days to revise and extend their remarks on this resolution. the speaker pro tempore: without objection, so ordered. mr. dreier: mr. speaker, i was just thinking about the fact that there are 26 letters in the alphabet, and we have had the first three letters used in discussion here on the house floor today. a, b, and my friend from worcester brought up the letter c in talking about this. we have what is so-called letter b. and i'm not doing a "sesame street" skit here. letter b is what we are talking about, plan b, and i think about plan a. plan a is what the majority in the house of representatives has been trying for the last two years to implement
? >> there is a report in the daily news out tonight the new york daily news saying that lanza's mother was trying to get him to go out of the house, to get a job. maybe go to school. but apparently she was having a tough time getting him out of his room. that he would lock himself in and play video games. violent video games for hours at a time according to the new york daily news, shep. >> shepard: rick leventhal in new york tonight. the students who survived the shooting there offering scholarships to students who survived the shooting at sandy hook. uconn announced the plan today. the scholarships will go to sandy hook students who chose to attend the university when they are older. school officials also say they will offer the scholarships to siblings of students who died and children of the adult victims. a spokesman says once the foundation officials get a sense of how much money they are collecting the school will then determine whether it can cover full college costs or just a portion. investigators in mexico have now reportedly linked a gun found near the body of a mexican beauty queen to the f
and wrote about the similarities in the new york times op ed. good morning. >> thanks for having me. >> your piece was titled "what drives suicidal mass killers" and you wrote for years the conventional wisdom has been that suicide terrorists are rational political actors while suicidal rampage shooters are meanta willy disturbed loners, but they have far more in common than recognized. >> they have a tremendous amount in common. underneath it all is the desire to kill and be killed, but really, i point to three major factors, mental illness and suicidal desires, perceived victimization. they feel that their pain is someone else's fault or they've been oppressed and bullied and the third factor is they want attention and social recognition and they want to get that by these attacks and they will get that after their deaths result in fame and glory. >> are their reasons pretty intense and personal. i'm thinking about the other reports that adam lanza who is apparently close to almost no one but his mother that she had been traveling more, there were some reports that she was talking about pot
it or not >> gretchen: here is the headlines. a massive chain crash. it happened in new york. it happened iniac-- yack hank. the driver lost control and setting off the chain reaction . the truck was carrying debris from super storm sandy. >> it was like a move yechain reaction and so fast. no one could react to it. >> brian: 40 vehicles were involved and the wreck stretched the length of a football field and all lanes are reopened this morning. midwest getting pummeled with a massive snow storm. some states are under blizzard warnings it is expected to dump a foot of the snow in the next 48 hours. in nebraska. roads are shut down because of the snow and strong wins are making visibility difficult. roads are closed in washington state after collisions and spin outs . there is word that one person is hurt. younger brother of madoff will be sentenced for helping pull off the biggest ponzi scheme in prison. he will be spending 10 years behind bars. one victim said she is unhappy that the sentence was postpone anothered the judge to remain free to attend a bar mitzvah. she brought the miss universe crown
well know, a lot of folks in suburban, new york, long island, people decidedly not in white-collar job, two income couples earning a quarter of a million dollars a year, they are not in the millionaire and billionaire category and certainly don't thing themselves wealthy by any stretch of the imagination. how does the president sell a tax increase on that group? >> you're exactly right, jon. that is where chuck schumer, represents new york, made that case. he said a while ago he would be more comfortable at a million. like i said i thought what would happen we would be compromising somewhere around half a million mark as the cuttoff on the increase in rates. but i don't know. they, both sides seem to be pretty intransient. president at00,000 as the level he would increase -- 400,000. jon: there are questions whether john boehner has enough votes even in the house to get his plan b threw. he is scheduled to vote i understand it. he must think he will win on that score. you're saying that the president would rather veto a tax increase on that highest million and up income level americans
at public school 22 in staten island, new york. you've probably heard of them before. >> they're great. there are videos on youtube getting tens of millions of views and the latest offering is a moving rendition of the sandy hook elementary school song. take a listen. ♪ as many this school will forever ♪ ♪ andy hook has a history >> that is something. >> hearing those little voices again. seeing scenes like that, seeing how "saturday night live" opened their show this last weekend, there's something nice about being reminded of the innocence of kids in light of what was taken from kids in newtown this week. so nice to see that. well done, kids. we'll be back right after this. ♪ three cheers for the green and the white ♪ ♪ the sandy hook school will forever ♪ ♪ ♪ it's so important to make someone happy ♪ when you give a child a toy, it has to work. ♪ make just one someone happy and when it's a toys for tots child, well, what could be more important? so this year, every hasbro toy donated to toys for tots will be powered by duracell. happy holidays. duracell with du
you for your views, and thank you for sharing them with us, that is it foo us, joit from new york. york. >> unions, i think they could be the death of us, welcome, i am neil cavuto, despite throwing some punches over michigan becoming a right-to-work state, many unions, making sure the other 26 states do not follow. that does not mean that unions have given up on michigan and maybe ball the governor who put this, does wisconsin ring a bell? that is not a surprise. but what is a surprise how they are doing it. this could be the union equivalent of the pledge by enforced by louder and stronger guys. they have no issue, a pledge not to break up unions. never md this threatens businesses coming to their state or hiring more workers in their state, a lot figure out if they are not union workers, maybe they are knol not real workers,s such edstupid, and dangerous. do you want to know my biggest worry for the new year? it is not a cliff, i think will pass, stubborn politicians see the night. it is be on i union bosses who e their own members because they are fuse on see the light. why no
and new york and los angeles. so jake, keep on asking those questions. we need a stronger press. >> bill: hey john, let me just explain my position here. i think it was a very fair question. you've heard me ask the question if you're a regular. and been very critical. and i've asked questions of jay carney at the briefing about why the president hadn't acted, for example, on the assault weapons ban. i'm just saying there is a way to ask that question which preserves the dignity of the media -- of the press and of the president of the united states. i had a long conversation after the briefing yesterday, for example, with peter baker from "the new york times" and peter said look, that was a legitimate question but he said the way i would have asked it would have been mr. president, you said sunday night that, as a nation, we have not done enough to protect our kids. do you include yourself in those who have not done enough and do you regret, given what happened in newtown connecticut that you didn't do more in your firs
to share. yesterday in tribute firefighters from as far away as new york city lined the street outside the catholic church in newtown, forming an honor guard as the hearse carrying daniel's body passed. firemen in full gear and uniforms saluted the little boy, recognizing the young child who hoped to join their ranks one day. another photo shows a man riding in the funeral procession holding a piece of paper out the window with the simple message, thank you all. look at that. well, at the same time, investigators continue pursuing their research, and today are going after a new angle in the search for a motive in this massacre. i mean, they just want to understand so they can prevent other tragedies in the future. experts are asking a yes nettist from the university of connecticut to contribute now to the investigation of the shooter in the hope that lanza's biology can reveal what may have been behind this massacre. dr. michael baden is a world renowned forensic pathologist, the best, and a fox news contributor who has worked so many high profile cases, we can barely name them all, th
the #1 gastroenterologist recommended probiotic. align. >>> good morning, new york. look at that great shot. come over after two strong days of gains, u.s. markets closed lower yesterday. stock futures are down this morning as fiscal cliff talks stall in washington. >> so here's the deal. you can see a delay in getting your tax refund next year unless congress moves on the fiscal cliff soon. this is going to hurt all of us. christine has details. >> we're already there. tax season starts in a couple weeks. you're going to start getting 1099s at the end of january and you have companies -- the government can't change in just one week or two weeks. if you're talking about having to make retro active tax changes, i mean it's really a mess. i want to talk about the amt in particular here. you know, the irs acting director warned congress about a real problem with not passing an amt patch. if the amt patch goes away, every year we patch this amt. amt was meant to make sure that rich people paid a minimum amount of tax now because of the way congress designed it in the infinite black wisdom.
. and democratic comgressman eliot engel of new york, who will become that committee's ranking member in the next term. congressman royce, let me start with you. what's the key thing we learned from this report? where do you see the main failure? >> well, i think the main failure when you read the report is in management at senior levels because when you had on the ground was not only an ambassador but other personnel warning that al qaeda camps were growing, explaining that they felt that they were at risk personally, asking for support-- which was not forth come ago and coming to the conclusion that washington was not concerned about their security needs. so all of that comes out in the memos. and i think what has to be addressed is why not only was the preparation not there, but somebody forgot to circle the calendar on 9/11. there was no attempt or no effective way, i guess, desploid should this happen that we could come in with a quick-reaction team and assist them if they come under attack. eight-hour firefight, no assistance through that period. >> eliot engel, do you read it any fferently
. but the new york times had it on the front page because it's a little bit hard to ignore. you have to have pretty extreme to put it on page 11. but it's very scathing. but there is something about this, it's scathing, but it is nonspecific. it basically spreads around the blame, without naming names. so we get these deputy secretaries who resigned. but the questions we still don't know and we won't know until we hear the testimony from the secretary of state, what did she know, when did she continue? where was she on the day? did she give any orders? and that also applies to the president. we don't know what he was doing in the seven, eight hours of that terrible day. we don't know what he said, what he ordered. were they counter mannedded and those are the questions that need to be asked. we do know as a result of the report, as we knew before, there were huge errors of judgment, denying security, denying the kind of protection the ambassador and others were begging for. and the larger issue, sean, of misunderstanding the nature of what was happening in north africa, with the growth of al
dismissed the focus on rice's remarks. gary ackerman of new york said congress has become a partisan bickering bunch of grousing old people. >> trying to quibble around here on this particular issue of the narrative rather than how we work together to make things better to quibble over somebody said a particular word or didn't use the right word, rather than figure out how to avoid the mistakes that might have been to not lose american lives on into the future. >> reporter: amid the furor, ambassador rice has withdrawn herself for consideration as secretary of state. and four state department security officials resigned on wednesday. >> suarez: retailers are hoping to finish the holiday shopping season strong, particularly given some forecasts warning of a slowing economy in 2013. as we reported earlier, consumer spending helped spike better growth this fall. but in light of the last recession, some are asking whether less personal debt and perhaps some more austerity might be a better approach. "newshour" economics correspondent paul solman has been exploring that question. part of
to say good-bye to the principal of sandy hook who is going to be buried in new york privately. and then two brave teachers. lauren gabrielle rousseau and anne marie murphy. you know those funeral processions are becoming a bit of a regular sight through the center of that small town. and new details are emerging about the mother of the young man who caused all of this sorrow. a mother who herself was murdered in her bed. according to her friends, nancy lanza had been on vacation alone at a resort just before this devastating shooting. in the past, she said that if she'd ever been worried about adam lanza, her son, she would not leave him alone. in recent years they say she felt comfortable leaving him alone in the house. let's not forget, he was 20 years old. >>> hearing about the victims and about those children and seeing their pictures, it has such a profound effect on people across the country and around the world. i mean, really, how can't it? if you have felt like reaching out in some way, any way or felt like you just needed to do something for the people of newtown, co
. >> in times of stress, this economy turns to the new york stock exchange. there is a reason there is an american flag wrapped around the front of this building. charlie: you are committed to the floor traders, keeping them here? >> absolutely. connell: charlie live now from the floor. pretty big day down there, obviously. charlie: i am blown away by this story. we were pretty much on this thing from the get go. this was on a merger. the initial reports coming out of the, i believe, "wall street journal." this is a 200-year-old institution being taken over by a company from atlanta that has been in business for the last 12 years. this is amazing. that is like the glass half empty or half full power. about another year ago, we were talking about, and a lot of people moaning about a german institution taking over the new york stock exchange. that says something about america's dominance in world finance. we are seeing an entrepreneurial company now taking over the stock exchange. that is not bad. that is what american capitalism is all about. that is something to be celebrating
going? are we going to end up with just one exchange at some point. >> right here in new york. it will be slated. i would not be surprised in three years that new york stock exchange buys nazdaq i'll leave it at that. gerri: oh, boy charlie thank you, appreciate your time and breaking news that is the willis report, thank you for joining us. lou: good evening, president obama and time honored phrase could be about on snatch defeat from the jawzs of victory, things not looking so good for the president in negotiations over the fifth most actively traded issue. over the fifth -- fifth call cliff. that seem yesterday to be making progress, demanding that congress raise taxes while threatening to veto a bill that would keep current tax rates in place for 99% of the country, the president further demanding that washington go his way or no way at all, president obama seems to be on his way to perhaps becoming the imperious president. >> i've asked the vice president to lead an effort that includes members of my cabinet and outside organization to come up with concrete proposals no l
everything. this is "studio b" today. but first from fox at 3:00 in new york city, the state department learned painful lessons from the attack on the consulate in benghazi, libya. it has to do better. that is what the deputy secretary of state said at hearings on capitol hill. >> we owe it to our colleagues who lost their lives in benghazi, to the security professionals who acted with extraordinary heroism trying to protect them and we owe it to thousands of colleagues serving america with great dedication each day at posts around the world. >>shepard: the attack on september 11, killed four americans, coming less than 48 hours after an independent panel released what is a scathing report on security situation in benghazi, blaming the state department for systematic failures and leadership and management deficiencies at senior levels. the report also highlighted how security has deteriorated across eastern libya amid regime change after the death of the dictator muammar qaddafi. >> we did fought do a good enough job and the report highlights trying to help in that struggling pattern. >
about it, says the new york senior senator. >> that was two years ago. the republicans should have taken up the offer then. you can't turn the clock back two years. if the republicans want to take the million dollars, they should have taken it back then under entirely different political circumstances. >> the majority leader took it a step further. >> speaker boehner's plans are nonstarters in the senate. >> though the speaker isn't buying it. >> i am not convinced at all that when the bill passes the house today, that it will die in the senate. at some point the senate has to act. >> first the house has to pass the bill. the house leadership says it has the votes but this is a tough one. many members say they were not elected to increase taxes. bret? >> bret: okay, mike. thanks. series of votes, some of them may start in this hour. we'll bring it to you live. now to ed henry standing by at the white house. >> today he said he went to plan "b" because he couldn't get republicans to support plan "a." >> the republicans in the house decided to run done an alley that has no exit. >> time fo
candidate for president. with that i yield to the distinguished lady from new york, a member of the appropriations committee, mrs. lowey, congratulate her on becoming the new ranking member. mrs. lowey: and i congratulate you on the wisdom that you share with us. mr. speaker, i rise in strong opposition to the bill. instead of putting forth a serious comprehensive and balanced deficit reduction plan, the republicans are taking a time-out so the house can embark on yet another effort to pass portions of the ryan budget. the same ryan budget that would end compare as we know it, walk away from the caps on discretionary spending agreed to in the budget control act and has no chance of being signed into law. our constituents want us to negotiate, agree to a solution to avoid economic catastrophe. i had concerns of some of the proposals that the president made in his negotiations with the speaker but at least the president was seeking a workable compromise. instead they walked away from the negotiating table, given everything our country has been through in the last two months fro
. >> reporter: poppy harlow, cnn, new york. >> what a story. >>> people all over the nation are being asked to observe a moment of silence for the shooting victims tomorrow morning, once again, including on the internet. a silicon valley investor is asking websites across the country to go dark tomorrow morning at 9:30 a.m. eastern. that's exactly one week after that massacre at the elementary school. >>> other news we're following, including a powerful winter storm. it's blasting the midwest where the season's first blizzard is bringing life to a standstill and may be stranding thousands of early holiday travelers. >>> blinding snow, power outages and conditions getting worse. winter has arrived in the midwest. the blizzard is blamed for a 30-car pileup near ft. dodge, iowa. two people are dead. the storm is he cexpected to du another foot of snow in some areas before it is done. it looks like it's wet there. it's going to start snowing at tomorrow point, ted, and there will be a lot of flight cancellations at o'hare that could cause disruptions at other places as well? >> reporter: yes, w
is a prevention bill. but i'm ginned this evening by congresswoman yvette clarke of new york who has long been an advocate for ending the gun violence in our communities and providing the kinds of assistance, both intervention and prevention, that we need in so many communities around this country. she's been a leader of so many issues. i'd like to yield her such time as she might consume. ms. clarke: i thank my colleague for yielding. madam speaker, i've joined my colleague, dr. donna christensen, representative of the virgin islands here tonight new york remembrance of the 20 -- 20 first grade children and six educators who were mercilessly gunned down last friday at the sandy hook elementary school. innocent victims of senseless gun violence. to the families, educators and community of newtown, connecticut, on behalf of the people of the 11th congressional district of brooklyn, new york, i wish to express my most profound and deepest condolences. i believe like so many across this nation that the families of these victims, the families of children in every community in the united states hav
the pageant in over 20 dwlaerz. she describes herself as a nerd and has even performed at new york's carnegie hall. >> the new miss universe might want to avoid partying like a rock star. a new study shows musicians have a higher risk of premature death compared with the rest of the population. researchers at britain's center for public health looked at nearly 1,500 pop rock hip-hop and punk rock performers. they had a 9% death rate over a five-decade period much higher than average. nearly 39% of those deaths were caused by factors related to violence or alcohol or drugs. >> they did not see the concert of 12/12/12 because everybody on that stage, the average age was at least 60-plus, and they showed no signs of slowing down. >>> a few billion of us won't be around this weekend if you believe that friday is dooms day. however however, it turns out there is a loophole in that scenario and holly williams found it for us. >> reporter: many of us have heard of prophecies based on the mayan calendar that the world will end this friday the 21st of december 2012. bu
that connects us. >> support also comes from carnegie corporation of new york, a foundation created to do what andrew carnegie called "real and permanent good." celebrating 100 years of philanthropy carnegie.org. op >> and with the ongoing support of these institutions an foundations. and... >> this program was made possible by the corporation for public broadcasting. and by contributions to your pbs station from viewers like you. thank you. captioni sponsored by macneil/lehrer productions captioned by media access group at wgbh access.wgbh.org ed
to gun culture. so i'm pleased to welcome my next guest. joining us here in new york is rabbi eric yoffe for the union for reformed judaism. thank you for coming inside "the war room." >> happy to be with you. s. >> john: you wrote a deeply powerful piece in "huffington post" and everybody out there atheist and believer alike should read called "gun worship is blasphemy." what was it that prompted you to go with that particular title? >> i believe that gun control is a religious issue. we have turned guns into idols and the worship of idols is blasphemy and the only proper response to blasphemy is moral outrage and moral action. that's what that piece was about. >> john: i want to talk with you about the whole morality of gun culture. a lot of people are struggling with where do you draw the line between wanting to protect your family and giving easy access to weapons designed to kill people to whoever wants them. >> we're not talking about protecting your family. we all support that. all of the major religious
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